CSN(600029)2018-04-27 16:00Financial Performance - Operating revenue for the first quarter was RMB 34,101 million, reflecting a year-on-year growth of 10.10%[11] - Net profit attributable to shareholders was RMB 2,544 million, up 64.13% year-on-year[11] - The company transported 33.25 million passengers, a 9.79% increase compared to the same period last year[11] - Passenger turnover reached 61.857 billion passenger kilometers, growing by 10.76% year-on-year[11] - Basic earnings per share increased to RMB 0.25, representing a growth of 56.25%[5] - Net profit for Q1 2018 reached RMB 2,862 million, representing a 55.5% increase from RMB 1,840 million in Q1 2017[35] - Operating revenue for the current period reached RMB 23,431 million, an increase of 8.84% from RMB 21,527 million in the previous period[37] - Net profit for the current period was RMB 2,055 million, representing an 83.24% increase compared to RMB 1,122 million in the previous period[37] - Operating profit increased to RMB 2,476 million, up 91.24% from RMB 1,295 million in the previous period[37] - Total comprehensive income for the current period was RMB 2,081 million, compared to RMB 1,134 million in the previous period, marking an increase of 83.33%[38] Cash Flow and Investments - The net cash flow from operating activities was RMB 4,516 million, a significant increase of 60.20% year-on-year[5] - Cash inflow from operating activities totaled RMB 25,691 million, compared to RMB 22,591 million in the previous period, reflecting an increase of 9.3%[44] - Cash outflow from operating activities was RMB 21,552 million, an increase from RMB 20,559 million, marking a rise of 4.8%[44] - Cash flow from investing activities resulted in a net outflow of RMB 2,174 million, worsening from a net outflow of RMB 1,915 million year-over-year[44] - The company disposed of fixed assets and other long-term assets, generating cash inflow of RMB 460 million, up from RMB 231 million[44] - The company experienced a net cash outflow from financing activities of RMB 4,270 million, compared to a net outflow of RMB 1,984 million in the previous period[43] Assets and Liabilities - Total assets reached RMB 220,025 million, an increase of 0.78% compared to the end of the previous year[5] - The total current assets decreased from RMB 17,884 million to RMB 17,239 million, reflecting a decline of 3.61%[24] - The total non-current assets increased from RMB 200,445 million to RMB 202,786 million, showing a growth of 1.17%[25] - The total liabilities decreased from RMB 156,164 million to RMB 154,190 million, a reduction of 1.26%[26] - The total equity increased from RMB 62,165 million to RMB 65,835 million, reflecting a growth of 5.39%[26] - The company’s retained earnings increased from RMB 21,664 million to RMB 24,817 million, an increase of 14.92%[26] Cash and Cash Equivalents - The company’s cash and cash equivalents decreased from RMB 7,250 million to RMB 6,289 million, a decline of 13.24%[24] - Cash and cash equivalents decreased to RMB 3,285 million from RMB 4,716 million at the end of the previous year[28] - Cash and cash equivalents at the end of the period totaled RMB 6,185 million, an increase from RMB 5,096 million in the previous period[43] - The ending balance of cash and cash equivalents was RMB 3,200 million, slightly up from RMB 3,084 million year-over-year[45] Operating Costs and Expenses - Total operating costs for Q1 2018 were RMB 31,029 million, up 5.7% from RMB 29,356 million in Q1 2017[34] - Sales expenses increased slightly to RMB 1,120 million from RMB 1,078 million, reflecting a growth of 3.89%[37] - The company reported a decrease in financial expenses, showing a net financial income of RMB 607 million compared to an expense of RMB 493 million in the previous period[37] Aircraft Operations - The company operated a total of 767 aircraft during the first quarter[11]